THE Philippine Senate will hold a plenary session on Tuesday, despite the Dec. 2 local holiday in Pasay City, to avoid delays in finalizing the chamber’s version of the P6.793-trillion national budget for 2026, its Finance committee chair said. “We had a talk with (fellow senators) that we will have a session even if it’s […]THE Philippine Senate will hold a plenary session on Tuesday, despite the Dec. 2 local holiday in Pasay City, to avoid delays in finalizing the chamber’s version of the P6.793-trillion national budget for 2026, its Finance committee chair said. “We had a talk with (fellow senators) that we will have a session even if it’s […]

Senate resumes budget talks

THE Philippine Senate will hold a plenary session on Tuesday, despite the Dec. 2 local holiday in Pasay City, to avoid delays in finalizing the chamber’s version of the P6.793-trillion national budget for 2026, its Finance committee chair said.

“We had a talk with (fellow senators) that we will have a session even if it’s a holiday, because if we have a session on Wednesday for a period of amendments, it will be delayed,” Senator Sherwin T. Gatchalian told a news briefing on Monday.

He added that senators had already agreed to hold a plenary session on Tuesday despite the local holiday.

Monday’s session was suspended after the third floor of the Senate building was hit by fire last Sunday, resulting in water leaking into the Sessional Hall.

The chamber was scheduled to conduct the period of amendments for the proposed spending plan.

Mr. Gatchalian added that this would avoid further delays as the chamber targets passing the budget on second reading by Dec. 3 and on third reading by Dec. 9.

“There’s just one week to prepare the documents and then we’ll go into the bicameral conference committee,” he said.

“Before the process was amendments, second, third reading — all in one day. Members didn’t have time to read the amendments, so now we’ll give them time to review the amendments,” he added.

The House of Representatives, earlier, approved on final reading House bill No. 4058, the proposed General Appropriation Act.

He said that the bicameral conference committee will be scheduled for Dec. 11 to 13 and would be livestreamed to ensure transparency.

“Since this is the first time this will happen, we have yet to sit down formally on what will be the course of this bicameral conference committee,” Mr. Gatchalian said.

He added that the Senate is working to finalize the bicameral report by Dec. 16 and ratify the budget by Dec. 17.

“Hopefully, we can sign the bicameral report by Dec. 16, then the tentative signing of the budget will be on Dec. 29,” he added. — Adrian H. Halili

Market Opportunity
Manchester City Fan Logo
Manchester City Fan Price(CITY)
$0.671
$0.671$0.671
+0.91%
USD
Manchester City Fan (CITY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Over $145M Evaporates In Brutal Long Squeeze

Over $145M Evaporates In Brutal Long Squeeze

The post Over $145M Evaporates In Brutal Long Squeeze appeared on BitcoinEthereumNews.com. Crypto Futures Liquidations: Over $145M Evaporates In Brutal Long Squeeze
Share
BitcoinEthereumNews2026/01/16 11:35
DOGE ETF Hype Fades as Whales Sell and Traders Await Decline

DOGE ETF Hype Fades as Whales Sell and Traders Await Decline

The post DOGE ETF Hype Fades as Whales Sell and Traders Await Decline appeared on BitcoinEthereumNews.com. Leading meme coin Dogecoin (DOGE) has struggled to gain momentum despite excitement surrounding the anticipated launch of a US-listed Dogecoin ETF this week. On-chain data reveals a decline in whale participation and a general uptick in coin selloffs across exchanges, hinting at the possibility of a deeper price pullback in the coming days. Sponsored Sponsored DOGE Faces Decline as Whales Hold Back, Traders Sell The market is anticipating the launch of Rex-Osprey’s Dogecoin ETF (DOJE) tomorrow, which is expected to give traditional investors direct exposure to Dogecoin’s price movements.  However, DOGE’s price performance has remained muted ahead of the milestone, signaling a lack of enthusiasm from traders. According to on-chain analytics platform Nansen, whale accumulation has slowed notably over the past week. Large investors, with wallets containing DOGE coins worth more than $1 million, appear unconvinced by the ETF narrative and have reduced their holdings by over 4% in the past week.  For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Dogecoin Whale Activity. Source: Nansen When large holders reduce their accumulation, it signals a bearish shift in market sentiment. This reduced DOGE demand from significant players can lead to decreased buying pressure, potentially resulting in price stagnation or declines in the near term. Sponsored Sponsored Furthermore, DOGE’s exchange reserve has risen steadily in the past week, suggesting that more traders are transferring DOGE to exchanges with the intent to sell. As of this writing, the altcoin’s exchange balance sits at 28 billion DOGE, climbing by 12% in the past seven days. DOGE Balance on Exchanges. Source: Glassnode A rising exchange balance indicates that holders are moving their assets to trading platforms to sell rather than to hold. This influx of coins onto exchanges increases the available supply in…
Share
BitcoinEthereumNews2025/09/18 05:07
Uniswap launches on OKX’s X Layer with zero interface fees

Uniswap launches on OKX’s X Layer with zero interface fees

The post Uniswap launches on OKX’s X Layer with zero interface fees appeared on BitcoinEthereumNews.com. Uniswap has launched on OKX’s X Layer, enabling zero-fee
Share
BitcoinEthereumNews2026/01/16 11:41